Summary of International Steel Information on March 12
Release time:2015-03-13 22:01
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▲India JSW Steel will expand its steel production capacity through acquisitions. The company plans to increase its annual steel production capacity to 40 million tons by 2025.

▲The iron ore spot sales target of two major mines in Australia is 15%-25%.

▲Due to the rapid increase in Indonesia's construction steel imports in recent years, which has caused substantial damage to related industries in the country, the Indonesian government has decided to import I-shaped and H-shaped steel in three years from January 21, 2015 to January 20, 2018. Impose protective tariffs.

▲Mongolia’s National Statistics Office announced on its website on Wednesday that the country’s copper exports in the first two months of 2015 were 205,800 tons, a significant increase of 68% from 122,600 tons in the same period last year.

▲The Hemerdon tungsten-tin mine in the United Kingdom plans to start production in the third quarter.

▲The price of gold fell by more than 1% on Wednesday, hitting its lowest level in more than three months, and is likely to fall for the eighth day in a row, due to the strengthening of the U.S. dollar and the expectation that the US will raise interest rates to limit demand for gold.

▲The amount of nickel pig iron equivalent to metal will be reduced by 26,200 tons in the next four months.

▲Japan’s actual economic growth rate in the first quarter of this year will average 2.7%, higher than the 1.5% growth rate in the fourth quarter of last year.

▲The Bank of Korea's central bank held a plenary meeting of the Financial and Monetary Committee on the 12th and decided to lower the benchmark interest rate by 0.25 percentage points to 1.75%.

▲The euro fell to a low in recent years, and the strong US dollar made the Fed face a dilemma.

▲The International Monetary Fund agreed to provide Ukraine with a total of 17.5 billion U.S. dollars in bailouts in the coming year to help the troubled Ukraine in the serious consequences of a debt default.

▲European and American policies reconstructed the financial landscape, and the US dollar index sprinted to the 100-point mark.

▲The U.S. stock market rebounded after the sharp drop, and the Bank of Thailand unexpectedly announced a rate cut.

(Source: Oppo Mall)


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